Budget by Projects is a financial metric that tracks the planned and actual expenses of a specific project, helping teams stay on track with their budgeting goals.
With Databox you can track all your metrics from various data sources in one place.
Used to show comparisons between values.
Databox is a business analytics software that allows you to track and visualize your most important metrics from any data source in one centralized platform.
To track Budget by Projects using Databox, follow these steps:
The Hours Tracked metric measures the total amount of time spent on a project by all team members, providing valuable insights into project progress and team productivity.
The Hours Tracked by Team metric in Harvest measures the total number of billable and non-billable hours logged by a specific team over a designated time period. It provides insights into team productivity, capacity, and utilization.
The Billable Hours by Projects metric measures the amount of time spent by employees on specific projects that can be billed to clients, providing insight into project profitability and employee productivity.
Non-Billable Hours is a measure of time spent on tasks that cannot be billed to clients, such as internal meetings, training, and administrative work.
Non-billable hours by clients is a metric that measures the amount of time spent on client work that cannot be billed, typically due to contractual terms or scope creep.
Expenses metric measures how much money a business spends on various costs and expenses such as salaries, rent, utilities, materials, marketing, etc. during a specific period.
Team Capacity measures the amount of work a team can realistically accomplish within a given period of time, accounting for holidays, vacations, and other factors.
The Active Projects metric shows the number of ongoing projects, allowing businesses to monitor workload and resource allocation effectively.